Bright Horizons (BFAM)

• Market cap: $7.35B
• 1 day: -2.30%
• 5 days: -1.06%
• 1 month: 6.06%
• 3 months: 13.81%
• 6 months: -7.74%
• Year to date: 14.33%
• 1 year: 19.26%
• 5 years: -27.54%
• 10 years: 149.54%
• Sector: Consumer Discretionary
• Industry: Child Day Care Services

About: Bright Horizons Family Solutions Inc provides education and care solutions designed to help employers support their employees in managing their work/life balance. The company has three business segments: full-service center-based child care, backup care, and educational advisory services. The vast majority of the company's revenue is generated by full-service center-based child care, which includes traditional center-based child care and early education services. Other services provided by the company include in-home child and elder care, tuition assistance, and education consulting. The company earns more than half of its revenue in North America.

Employees: 31,400

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

5% more repeat investments, than reductions

Existing positions increased: 137 | Existing positions reduced: 131

4.25% less ownership

Funds ownership: 106.37% [Q3] → 102.12% (-4.25%) [Q4]

7% less funds holding

Funds holding: 385 [Q3] → 358 (-27) [Q4]

20% less funds holding in top 10

Funds holding in top 10: 5 [Q3] → 4 (-1) [Q4]

22% less capital invested

Capital invested by funds: $8.61B [Q3] → $6.72B (-$1.9B) [Q4]

26% less first-time investments, than exits

New positions opened: 50 | Existing positions closed: 68

37% less call options, than puts

Call options by funds: $421K | Put options by funds: $664K

Research analyst outlook

6 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $100 21% downside
• Avg. target: $132 4% upside
• High target: $146 16% upside

6 analyst ratings

• positive: 4 67%
• neutral: 1 17%
• negative: 1 17%

BMO Capital Jeffrey Silber 61% 1-year accuracy 23 / 38 met price target	16% upside $146	Outperform Maintained	18 Feb 2025
Morgan Stanley Toni Kaplan 44% 1-year accuracy 12 / 27 met price target	21% downside $100	Underweight Maintained	11 Feb 2025
UBS Joshua Chan 64% 1-year accuracy 9 / 14 met price target	3% upside $130	Neutral Maintained	24 Jan 2025
Jefferies	4% upside $132	Buy Maintained	23 Jan 2025
Goldman Sachs George Tong 52% 1-year accuracy 14 / 27 met price target	12% upside $142	Buy Maintained	27 Dec 2024